Nuvama Wealth Management Limited engages in wealth management, asset management, and capital markets businesses in India and internationally. The company offers wealth management business, which includes the distribution of financial products, investment advisory, lending against securities and securities broking for clients in the wealth management business; and the asset management business comprises investment management for alternative investment funds (AIFs) and portfolio management services (PMS) across strategies. It also provides capital market business, such as institutional broking business, merchant banking business, advisory and clearing services. The company was formerly known as Edelweiss Securities Limited and changed its name to Nuvama Wealth Management Limited in August 2022. Nuvama Wealth Management Limited was incorporated in 1993 and is based in Mumbai, India. Nuvama Wealth Management Limited operates as a subsidiary of PAGAC Ecstasy Pte. Ltd.
| Current Price | ₹1,573.40 |
|---|---|
| Market Cap | ₹28,664 Cr |
| Sector | Financials > Financial Services > Capital Markets |
| Sub-Industry | Asset Management and Custody Banks / Investment Banking and Brokerage / Securities and Commodities Markets Services |
| P/E Ratio | 28.1 |
| Return on Equity | 27.32% |
| 52-Week Range | ₹1,096.90 – ₹1,701.70 |
| Beta (1Y) | 1.51 |
| Dividend Yield | 1.78% |
1. Wealth Management Business-59.4% 2. Asset Management Business-2.9% 3. Capital Markets Business-41.2% 4. Unallocated-10.2%
Nuvama Wealth Management Ltd is trading at ₹1,573.40, with a market capitalisation of ₹28,664 Cr.
Nuvama Wealth Management Ltd operates in the Financials > Financial Services > Capital Markets space (Asset Management and Custody Banks / Investment Banking and Brokerage / Securities and Commodities Markets Services).
Nuvama Wealth Management Ltd has a P/E of 28.1 and a return on equity of 27.32%.